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20121222
20121230
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Search Results 0 to 9 of about 10 (some duplicates have been removed)
decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go over the cliff, and that's where we're headed, mr. president, the house of representatives as we speak with four days left after today before the first of the year, aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences, out wherever they are around the country and we're here trying to get something done. >> we're awaiting reaction from the senate minority leader, mitch mcconnell. when that happens we'll go live to the senate floor but a spokesman for john boehner says senator reid should talk less and legislate more. the house passed legislation to avoid the fiscal cliff. senate democrats have not. if the president and lawmakers cannot reach a deal in the next five days, automatic tax hikes and major spending cuts are set to kic
thou,000 a year. the bush tax cut will expire at the end of this year. obama was elected with a surplus of about three million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was response to something that the speaker gave them himself but i guess with the dysfunctional republican caucus in the house, even the speaker can't tell what they are going to do because he backed off even his own proposal. the house, we hear so often, is controlled by the republicans. and we acknowledge that. i would be most happy to move forward on something that senator mcconnell said they wouldn't filibuster over here that he would support and that boehner would support if it were reasonable. but right now we haven't heard anything. i don't know and it's none of my business, i guess, although i am very curious, if the speaker and the majority leader, the republican leader over here are even talking. i mean, what's going on here? mr. president, you can't le
policy which shows this economy is not on the right track. >> what do you think about president obama cutting his vacation short, coming back in, maybe to fix something he broke in the first place? >> well, when you sit back and look at where we are with our economy, the amount of debt we've incurred, the fact we've had four straight years of trillion dollars plus deficits, when the president says he wants to raise taxes on those $250,000 or above, that only generates $850 billion over the next ten years. we have had 1.422, 1.29 and on the way to another trillion dollars deficit for these years. what the president is proposing is not pragmatic whatsoever and really is a reflection of him i suppose living in a fantasy world. >> what do you think the deal that speaker boehner offered the president? >> well, i was against the plan b because i don't see this as being a tax revenue increase issue. most important is spending. we could georgia back -- go back to the simpson bowles commission. the most important thing, we have to deal with spending. we live in an america where the federal gov
as any one of us members of society have. that is going to be interesting. going become to the obama clause, the obama healthcare act i thought that was a particularly interesting ruling from the court. i disagree, i think the 10th amendment belongs to the states. i stand aside from my colleague mr. burns on that one. jaime: you're entitled to your opinion, certainly. i want to ask you, take a lock at those two cases and contrast the make up of the court so far and in a second term president obama could aeu.as man appoint as many as two new justices. you probably still have kennedy as a swing. what do you think it will look like? >> it depend who leaves. route bader ginsberg will most likely be the next justice to leave the court. if that happens then ideologically it's a swap in a sense. and what you were getting at jaime, and you're right, what about the next seat that becomes vacant, there will be some type of ideological shift. i can't resist the editorial this it's unfortunate that people view the court action somewhat of a political institution in that the justices rule in fair
. later, president obama weighed in. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> reporter: and back at the capitol, senate majority leader, harry reid, described the meeting as constructive. >> we're out of time. we've got to do it now. that's why the next 24 hours will be very important. >> reporter: a source familiar with the talks told nbc news the president reiterated the proposal he presented before leaving on vacation last week. calling for, among other things, a tax cut extension for those making $250,000 or less. and extending unemployment benefits that are set to expire. the source says the president is confident his plan can pass in both the house and senate if republicans allow a vote. earlier in the day, republicans blamed president obama for the stalemate. >> i agree that it is the president's responsibility to lay out a plan and to bring people together. but it's a total der
. >>> let's make a deal. president obama sitting down with top congressional leader from both parties in just hours. can they agree on something before sending the country over the fiscal cliff? >>> and holy cow. $8 for a gallon of milk? why that utterly ridiculous price could be a very real possibility today, friday, december 28th, 2012. >>> and good morning, everyone. welcome to "today" on a friday morning. i'm savannah guthrie. >> i'm willie geist in this morning. she is full of milk puns this morning. holy cow. utterly. >> what are you, lactose intolerant? >> the trifecta. >> we'll move on to the big story, which is the weather. we're bracing for another big storm before the last one is done. >> it's expected to bring a new round of travel headaches during a holiday travel weekend. how will it impact you in more on that ahead. >>> also, retired general norman schwarzkopf has died at the age of 78. he's being remembered as one of the greatest military figures in u.s. history. more on his remarkable life coming up. >>> also ahead, it happened again. a man shoved to his death in fron
schwarzkopf died yesterday after battling pneumonia. >> president obama called the retired general an american original who stood tall for his country and had a love for the army that he led. answer's chuck sivertsen looks back at this military legend. >> reporter: in 1990, norman schwarzkopf was a little known u.s. army general looking ahead to retirement. then saddam hussein invaded neighboring kuwait and stormin' norman became a household name. schwarzkopf quickly turned into the face of the u.s.-led counterattack called operation desert storm to evict the iraqi invaders. >> it's impossible to say how long it's going to take. but let me put it this way, it's going to take as long as it takes for the iraqis to get out of kuwait and the united nations resolutions to be enforced. >> reporter: a six-week campaign of aerial bombardment, culminating in a ground offensive routing the iraqis in 100 hours. >> now it looks like not only their air force, but their navy is being told to get out of the war. >> reporter: norman schwarzkopf was a west point graduate who spent his whole career in the army.
on the phone in a few minutes. >>> unfortunately, we deal with incompetent. this afternoon president obama whim wil set down with congressional leaders at the white house for a last ditch effort to avoid going over the fiscal cliff. the hope is both sides can agree to a compromise to prevent the economy from sliding back into recession. judging from the rhetoric on capitol hill, there's a long way to go. here's the day on the hill. >> if we go over the cliff we'll be left with the knowledge that could have been prevented with a single vote in the republican-controlled house of representatives. the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker not allowing the vast majority of the house representatives to get what they want. >> we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the e
Search Results 0 to 9 of about 10 (some duplicates have been removed)